Funeral Insurance
Yesterday Funeral Director Daily published an article about cemeteries and in that article we made the assertion that the COVID experience of 2020 will probably have some type of long-term effect on funerals going forward. That statement was made mostly in reference to what has happened with funeral attendance due to the social distancing practices…
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Smith Family Funeral Homes of North Little Rock, Arkansas announced last week that they have acquired American Home Life Insurance Company, also of North Little Rock. Interestingly enough, American Home Life Insurance Company was founded by the grandfather of Smith Family Funeral Homes current President Jeff Smith. Smith was quoted in this article from Arkansas…
Read MoreAsk ten different consumers and you will get ten different opinions on “insurance”. Especially, life insurance. Some think it is necessary, some think it is a waste of time, some love the peace of mind it can bring, some will say let my survivors deal with the money after my death. You get the idea.…
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The other day we received a press release announcing that “The Domani Group joins forces with Homesteaders Life Company”. In that release, which you can read here, it announced “The Domani Group, a leader in preneed and aftercare solutions for funeral homes, is pleased to announce it is joining forces with Homesteaders Life Company.” This…
Read MoreEvery once in a while I read an article and I think to myself, “Wow, that should never have happened”. However, if I’m honest with myself, I can see how that did happen and usually think about what my mom used to say, “If not for the grace of God, there go I”, because it…
Read MoreAssurant defines itself as “a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases”. The company released its 2nd Quarter 2020 results on Tuesday, August 4, and in doing so reported a Net Income of $173.5 million, which is up 24 percent from the same period in 2019. …
Read MoreWhen it comes to “Financial Literacy” I consider myself one of the lucky ones who had a father who insisted that his children learn about how to manage whatever income it was that you made. My dad was a business man, and in our house growing up, not only were we expected to learn the…
Read MoreFor almost 40 years our funeral home has had advertising for preneed clientele based on the premise, “Like an umbrella in a sudden shower, some things are good to have before they are needed”. In different ways on radio, print, and online we go on to explain that preneed funeral insurance is one of those…
Read MoreIn a press release dated today out of Murray, Utah, we learned that the Security National Financial Corporation (SNFC) has closed on its purchase of the Kilpatrick Life Insurance Company domiciled in Louisiana. Both companies operate to some degree in the pre-need funeral funding insurance market. You can read the press release as provided from…
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